Tiller Technologies Announces Channel Islands Partnership with Sionic Jersey
Sionic-Jersey has announced a new partnership with Tiller Technologies. The partnership will see Sionic-Jersey deploy Tiller’s WealthXcel Onboard for their offshore business across the Channel Islands. Sionic-Jersey will also provide implementation support for clients wishing to install the software.29 May 2020
WealthXcel Onboard is a multi-purpose digital client on-boarding solution for financial services firms that offers advance functionality and capability free from the issues caused by legacy technology and architecture.
Stuart Richford, Managing Partner and Sionic-Jersey lead comments:
“The Channel Islands is a large offshore market and operational hub for trusts, banks and wealth managers all of whom need to on-board both individual customers and also highly complex vehicles. Traditionally, firms’ own internal structures can make client on-boarding a very painful process for all parties. We therefore set about a complete market scan of the solutions and best practice options available. In our view, WealthXcel Onboard provides the adaptability, the functionality and the capability clients require. We’re therefore delighted to be working in partnership with Tiller Technologies to streamline complexity, reduce cost and accelerate the speed of these critical on-boarding processes for our clients, to ensure they in turn provide the best possible service to their own clients too.”
“Covid-19 has sharpened everyone’s focus on digital on-boarding without face to face contact and paper-based processes. But the offshore market’s very particular requirements mean there few providers out there who offer highly sophisticated functionality and capability in one seamless digital workflow. We are delighted that the Sionic-Jersey team has recognised our exceptional capability in this field and we look forward to working together to create demonstrable and lasting client benefits.”